fbpx

Casey supportive of motion for introduction of housing development bank

The Government is completely ignoring the emerging problem of ordinary working families being unable to afford to rent or own a place of their own according to Wicklow Fianna Fail TD Pat Casey.

Speaking in the Dail this week, Casey said “The Government has to start to deliver on housing. After six separate plans and over a dozen launches, it just needs to put bricks and mortar into the ground. While other parties grandstand on motions and Bills that will not help to build a single additional home, we have worked to deliver changes in budget 2019 and will continue to hold the Government to account. “

The Fianna Fail TD mentioned that house ownership is slipping away from an entire generation as rental prices continue to soar, particularly in Wicklow.

“Rent levels are very high, a whole generation cannot save enough to own a home, while vulnerable households are put at risk of homelessness. Home ownership is slipping away from an entire generation as house prices rise by 13% per annum while wages rise by only 2.5%. The 68% home ownership rate is the lowest since 1971.”

“In Wicklow, house prices in the majority of the county are out of reach for thousands of hard-working families. Only last week a constituent wrote of her despair that even the rental sector in Wicklow was out of reach for her,” said Casey.

Casey continued to echo his party’s support for a Labour Party motion that seeks to introduce a “housing development bank”, stating the motion reflects the party’s thoughtful and considered approach to housing solutions.

“Fianna Fáil supports the Labour Party motion as we will work on constructive solutions proposed by all parties. The Labour Party motion reflects that party’s thoughtful and considered approach to housing solutions, which is in contrast with the showboating and anger management of others who just provide headlines, not homes.”

“The motion calls for the establishment of a housing development bank, increasing the percentage in Part V to 20%, credit union investment in the provision of social housing and protection for tenants and small landlords,” added Casey.

Casey believes Fine Gael’s housing policy has been a failure as homelessness levels reach an all time high.

“The increase in the number of homeless people to more than 10,000 is a fundamental failure of policy. This failure of policy is becoming increasingly clear. Fine Gael is very reluctant to change the State’s role in housing policy. It is clear that it believes that the private market will sort out things eventually, but this will not be the case.”

“Our housing crisis is getting worse, and after eight and a half years of Fine Gael in government, this is simply not good enough. Rent levels are very high, a whole generation cannot save enough to own a home, while vulnerable households are put at risk of homelessness,” said Casey.

Sign up to our weekly newsletter

Please contact us for use of this image